The lender’s engineer and wind analysis services has been performed by SgurrEnergy for the 17.1MW Acres onshore wind farm in County Donegal and the 34.2MW Barranafaddock onshore wind farm in County Waterford.
The project work scope involved resource assessments, review of project participants and contractors, permitting review, review of civil, electrical and wind turbine design, grid connection, key contracts and construction schedule.
SgurrEnergy advisory services director Simon Luby said SgurrEnergy’s integrated wind and technical due diligence service is supported by a strong knowledge of the local market and considerable ‘hands-on’ experience in project delivery.
"In combination, these skills allowed us to provide our client with rapid, efficient and reliable support during this important transaction," Luby added.
With a combined capacity of 51MW, the projects have been developed by Element Power.
On behalf of GE Energy Financial Services, SgurrEnergy is currently performing construction monitoring for the duration of construction of both sites, which are scheduled to be completed in 2015.
While avoiding the emission of up to 75,000 tons of greenhouse gases, the wind farms would generate enough electrical energy to power more than 33,300 homes in Ireland.
Image: SgurrEnergy provides technical support for GE Energy’s first wind equity investment in Ireland. Photo: courtesy of koko-tewan/Freedigitalphotos.net.
